Earnings Summary

Flexsteel Inds’s revenue fell -15.02% since last year same period to $105.82Mn in the Q2 2023. On a quarterly growth basis, Flexsteel Inds has generated 6.83% jump in its revenue since last 3-months.

Flexsteel Inds’s net profit jumped 3849.45% since last year same period to $10.16Mn in the Q2 2023. On a quarterly growth basis, Flexsteel Inds has generated 588.88% jump in its net profits since last 3-months.

Flexsteel Inds’s net profit margin jumped 4511.97% since last year same period to 9.6% in the Q2 2023. On a quarterly growth basis, Flexsteel Inds has generated 544.83% jump in its net profit margins since last 3-months.

Flexsteel Inds’s earning per share (EPS) estimates for the current quarter stand at 0.03 - a 112% jump from last quarter’s estimates.

Flexsteel Inds’s earning per share (EPS) estimates for the current year stand at 0.03.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Flexsteel Inds’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Flexsteel Inds’s return on equity (ROE) stands at 0.11.

Flexsteel Inds declared 0.15 dividend per share during the earnings announcement for Q1 2023.